Lawyer Kang Jian has said that the personal assets held by Inter president are actually very few which is relevant to the case against him from Chinese banks, according to a report in the Italian media.
As has been reported by Calcio e Finanza, the situation surrounding the club president is extremely complicated and the club are likely to be caught up in it very soon.
In the resolution with which the Nerazzurri shareholders’ meeting approved the new board of directors, it is stated that ‘the newly appointed directors (including Zhang) are not entitled to any remuneration in accordance to article 2389 first paragraph of the Italian Civil Code for the office of director of the Company.
The creditors want to intervene by annulling the resolution, which would force Inter to provide remuneration for Steven Zhang, which would, however, end up directly in the pockets of the creditors in China, although the costs would nevertheless fall on the coffers of the Nerazzurri.
Interviewed by Wall Street China, lawyer Kang Jian explained why the creditors have come to Milan: “We have learned that the personal and valuable assets held directly by Zhang Kangyang (the real name of Inter’s president) are very few and the subsequent execution will not be very simple and straightforward.”